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a pre-tax profit margin of 17. %, she said she would revisit those goals for the pretax profit margins for that unit in mid year once, again, the final acquisition or the last leg of that brokerage unit has been completed. the year over year decline in fixed income commodities and currency trading was down 42%. she said it was due to the very strong first quarter of 2012. that was due to some hejs that had helped put on for its clients. however, she did note on a quarter over quarter basis trading was up. retail activity among the brokerage clients was strong in january and february. it did taper off a little bit in march on concerns about some of the issues we saw. cyprus the big run-up in the market, et cetera. april got off to a slightly stronger start as well. she said ceo confidence when it comes to m and a, she said right now ceos are looking out to the second half of the year. there is concerns about the profit outlook there and that's holding them back a little bit. debt and equity underwriting remain strong. >> thank you, mary. a lot of information you had from that conversati
. you've heard that the first quarter was tough. probably payroll tax impacted more than anything else. and small business is -- and big business for that matter is totally the flux with the obama care act and what it all means. and business is looking at part-time, that you've got to keep people under 30 hours. they don't want to employ more than 50 people. and nobody really knows how this thing is going to work. now, as far as the japanese yen, every major manufacturer in the world has made a strategic decision to produce where they sell. no manufacturer can deal with the volatility in exchange rates. and if you look at where the japanese are today compared to 10, 20 years ago, there is no comparison with let's say 80% produced in north america. so the exchange rate has been dramatically reduced as a factor in our business. and at the moment, i don't see any impact. >> okay, mike, $42. we've been friends a long time. you couldn't tell me at four bucks that that was something i should -- actually, we're not allowed to do it, anyway, but you couldn't have mentioned that back in 2008 or
and their office is now empty. three former employees were arraigned for income tax fraud and money non-- money laundering. >> they are a group people that come to the united states after a military duty in israel and do this type of business and it is not isolated to our county, it is something that happens across the united states. >> this case is scheduled to go to trial in june and as for the five who skipped town the d.a. will issue a warrant for their arrest. >> the postal service has dealt a blow to berkeley neighbors fighting to keep a historic post office open saying they have oh kid the sale of the berkeley post office building. city leaders say the 99-year-old building has historic significance and should be preserved and the post office said they will open a new post office as close to the country site as possible part of the effort by the post office to generate revenue. opponents have 15 days to appeal. >> the warriors face the nuggets in denver tonight in game two in the playoff sears. they almost pulled out a win saturday night but miller was able to make the game-winning basket
's going to be more taxes for the state. i think that's pretty critical. >> reporter: this airport runs some 80,000 oerpgs -- operations a year with about a dozen controllers. huge for the pilots who are based here. there's a flight school and a restaurant, where the owner says better to have fewer controllers than none at all. >> they will have to scale it up with the skeleton group. we're not imposing a danger to the pilots that are flying in and out of the this field. >> reporter: faa towers like this one are safe from closing until at least next year. but more than 100 others under federal contract are slated to shut in june. meanwhile, airline and pilot organizations are suing to halt the furloughs already under way. reporting live in santa rosa, debra villalon, ktvu channel 2 news. >>> five people parked outside a san jose nightclub early today may all manage to avoid being wounded when someone fired multiple rounds right into their car. this all happened around 2:00 outside the fiesta nightclub. police say an argument inside may have spilled out into the parking lot. no one was
. >> investigators and taxes have not determined a cause of the explosion that killed 14 people including 10 first responders and a fertilizer plant in west texas. investigators say they pinpointed where the blast originated. the mpeg damaged or destroyed dozens of homes and businesses leaving hundreds of people homeless and in need of help. authorities have also released 91 tapes that captured the initial panic after the fire and massive blast. >> there was some type of explosion and our house, all of the windows are completely blocked and. the walls, part of it is blown off. >>, down and take a deep breath. we are aware of the situation and we are sending people out there as soon as we can. >> city leaders allowed some residents to return to their homes are the weekend but they still face strict curfews. fire officials will hold a memorial service at baylor university on thursday and honor of the volunteer firefighters who died. >> the boy scouts of america are proposing to partially lift its longtime ban on homosexuals. this proposal comes after weeks of private deliberation between the organiz
price dropped 11 cents over the last two weeks. >>> the senate could allow states to tax internet purchases adding $11 billion to state coffers and wall street gets back to work after the dow's worst weekly decline since june. back to you. >> mary, thanks. >>> in great britain, the duchess of cambridge, kate middleton appeared in public on sunday with her pregnancy more evident than ever. she stood in for queen elizabeth at a review of scouts while the queen celebrated her 87th birthday in private. the duchess and prince william are expecting the first child this summer. for those who are on royal baby bump watch -- if you have been living under a rock, did you know. >> when you said her name i perked up and i wanted to see bump. >> she looks beautiful. >> certainly does. >> mr. roker has more on the midwest flooding an the local forecast. >> not a lot of good news for friends in the midwest and winter won't let go. we have a funnel system. behind it a lot of cold air and snow for the upper midwest and the plains. ahead of it, a lot of wet weather. we are looking from sheridan up
possessed in this country? and who would pay for it? would gun owners be subject to still more fees or taxes for exercising their second amendment rights? who would have access to the so-called registry? would the public know who owns guns and who does not? who would ensure that this sensitive information is protected and not used for political purposes, and how? we do not know the answers to these questions, but we do know that such restrictions will not prevent the next tragedy. we should not start down this dangerous road. what should we do instead? i have a few suggestions. instead of undermining the second amendment, mr. president, congress should focus its attention on three areas. first, i believe that robust prosecution of violent criminals is the best deterrent for violent crime. prosecutors should punish to the fullest extent of the law individuals who misuse guns, knives or anything else to commit violent crimes. there should be no leniency, mr. president, what ever for the commission of such crimes. secondly, we should examine and address any deficiencies -- and we have them -- i
Search Results 0 to 6 of about 7